LEESPORT, Pa. — Business owners, agricultural producers, and entrepreneurs are invited to attend the four-part Farm Sense Farm Financial and Production Management workshop series on March 9, 16, 23, and 30th at the Penn State Extension office in the Berks County Ag Center 1238 County Welfare Rd # 260, Leesport, PA 19533. This workshop series will run 10am-4pm each day and will deliver an empowering introduction to financial statements, leading and managing finances, and calculating profitability in all agricultural businesses.
Farm Sense Farm Financial and Production Management course teaches four main concepts centered around the evaluation of key elements of finance: the cash flow statement, the balance sheet, the income statement, and financial analytics. Course participants will learn how to use their financial records to foresee trend lines and calculate benchmarks that will help make informed managerial decisions for the business.
All agricultural businesses are welcome to attend, including livestock, dairy, horticulture, landscape and nursery, orchard growers, greenhouse operators, and vegetable operations. Diversified farms producing multiple items can benefit from Farm Sense. Class participants will receive face-to-face, one-on-one and hands-on business training from acclaimed and experienced Penn State University Extension agriculture business educators.
Farm Sense meets all USDA Farm Service Agency (FSA) Borrower Training requirements for both production and financial modules. Additionally, Farm Sense qualifies for four Smart-Start credits from AgChoice Farm Credit.
Registration is $350 for one farm participant and $35 additional dollars for each guest of the same farm. This includes all course material, a textbook, all hands-on assistance from agribusiness instructors and a catered lunch each of the four days. Visit https://extension.psu.edu/farm-sense The deadline for registration is March 1st 2020.
For more information about this farm business program and other financial workshops, please contact John P. Wodehouse at jpw20@psu.edu.
–Penn State Extension, Chester County